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Weston family to buy Boots in $8.9bn deal

Original: boots sold

The billionaire Weston family has agreed to buy the pharmacy chain Boots in a deal valued at $8.9 billion, according to the Financial Times. The agreement would end owner Walgreens Boots Alliance's long-running efforts to sell off or spin off the UK high-street retailer. The sale of one of Britain's best-known chemist chains is drawing widespread attention.

Why now: News of a major $8.9bn takeover of the iconic British retailer Boots has just been reported.

Boots Weston family Walgreens Boots Alliance Financial Times

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Evidence

Billionaire Weston family to buy Boots in $8.9bn deal · Financial Times

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